investors do you observe positive divergence--- accumulate as chem sector to show some consolidation --icing on cake high promotor stake of 75 %. and company performing well in sept qtr .. accumulate on every dip as we might end ABC wave in next one month .
Can start accumulating this fundamentally strong stock. Its available at 30% discount, as the chemical sectors weak performance since last 2 years. So its a best time to start accumulate this stock. Fibonacci levels and trendlines are marked in charts.
long sumichem tgt 440 , 520+ sl 370 Based on bb it is bullish now
Formed Head and Shoulders, will wait for it to break and reach demand zone and then will start accumulating....
Sumitomo chemicals every test from its 52 week low and now it's in a range breakout of this range at the purple line would definitely be a point of entry we can add a fresh entry there in the nearest target would be 52 week high then we can see moreover new highs . Whereage promoter holding is concerned its 75% which is good but overall fundamentals are a bit...
Animal feeding products and home and agricultural pesticides are produced and sold by Sumitomo Chemical India Ltd. Chemicals for crop protection, feed additives, fumigants and rodenticides, and bio pesticides are among its offerings. On CMP (419), Sumitomo Chemical appears to be attractive. I think it has the ability to provide us with a good return in the near...
Investing 1% of capital, and seems to be in a good buying zone. In my opinion, we are about to see a 30-40% growth over a year horizon. Buy Price: 420 Qty 25 Target 30-40% SL to be used to protect profit.
The Stock recovering from the recent bottom. Making Higher Highs and Higher Lows. Now moving past the 200 ema and already above the other short term emas. Relative strength , Money flow and Buying Pressure all positive. Now looks Strong to move up and test the previous high of 540 levels
Chart is self explanatory. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Trading In Channel Range Buy Some Qty At @458, Some At @414, Some At 370
Sumitomo chemical is a strong candidate for a potential breakout. Keep it on your radar!
Stock analysis for SUMITOMO CHEMICAL IND LTD keep watching add to watch list price falling each time when touches to upper trend line with conforming signal by RSI falling when it touch to 70 again price is testing upper trend line and RSI at 70 from here we can expect down side move in stock to lower trend line if price successfully closes above upper trend line...
📊 Script: SUMICHEM (SUMITOMO CHEMICAL INDIA LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 / NIFTY MIDCAP 📊 Sector: Chemicals 📊 Industry: Fertilizers & Agrochemicals Key highlights: 💡⚡ ⚠️ Keep an eye on SUMICHEM . ⚠️ It is near at its resistance zone which is around 500. ⚠️ Script is going to give double breakout which is trendline breakout and...
SUMICHEM NSE is bullish if 490 holds. NEW LIFETIME High. Fresh Breakout. Positive Trend. Disclaimer: Educational Purpose Only. Not Buy Sell Reco. Not Sebi Registered.
NSE:SUMICHEM Looking for a retest of Resistance zone! Could be a short term long setup!
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
1) ridiculous volumes 2) Round bottomish breakout 3) Avg zone at 485, small SL 4) retest imp for safe traders